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30 press releases from June 2015

29 June 2015

CBI/PwC: Business confidence continues to rise within insurance industry

Consumer financial literacy and wellbeing key insurance industry priorities Life insurers report their first increase in profits since September 2014 and business confidence for insurance...

Financial services firms want government to reduce cost of regulatory compliance – CBI/PwC

Reducing the cost of regulatory compliance should be the new Conservative government’s priority for financial services, according to firms in most sub-sectors (including banking, building...

PwC: Global alternative assets predicted to reach $15.3 trillion by 2020

Alternative investments could reach a high of $15.3tn by 2020, according to ‘Alternative Asset Management in 2020: Fast Forward to Centre Stage’, a report just...

26 June 2015

Local Enterprise Partnerships: leaders say government must focus on skills for private sector growth for them to succeed.

LEP chairs and CEOs interviewed by PwC and the Smith Institute say urgent action is needed to address the skills crisis, which is holding back...

25 June 2015

New guide to measuring social value launched to help organisations embed social value

A new guide to social value has been launched at the Chartered Institute of Housing, Housing 2015 conference today to help housing professionals embed social...

24 June 2015

FCA discussion paper: developing add-ons to increase transparency and product quality in the general insurance market – PwC comments

In response to the discussion paper launched by the FCA today setting out options for measuring the value of general insurance products, PwC’s head of...

UK could boost GDP by £100 billion by harnessing economic power of older workers

UK ranks 19th out of 34 OECD countries in PwC’s Golden Age index but scores better than most other EU members Iceland tops the table,...

23 June 2015

UK bank pay regulations now the toughest in the world – PwC responds to final Remuneration Codes

The Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) published their final Remuneration Codes today. Commenting on the final Codes, Jon Terry, partner...

22 June 2015

PwC/London Business School research reveals why bankers can’t be scared into doing the right thing

Financial services managers are over twice as likely to behave unethically when they feel anxious when competing with colleagues. Rule enforcement systems can actually create...

18 June 2015

PwC comment on impact of onshore wind subsidy withdrawal.

PwC's energy policy and renewables financing specialists comment on the announcement by DECC on the withdrawal of Renewable Obligation (RO) subsidies for onshore wind farms...

Global business leaders meet to launch new city and business alliance

Leaders of global firms are joining forces with city leaders to harness the shift in power from national governments to cities. The first meeting of...

17 June 2015

ONS labour data: pay growth possible prelude to inflation

Commenting on ONS labour data published today, PwC chief macro-economist, John Hawksworth, said: "The surge in regular pay growth to 2.7% was the most striking...

PwC grows its pensions investment advisory business

PwC continues to expand its pensions investment advisory business with the appointment of Nikesh Patel. Nikesh joins PwC from BlackRock, where he managed the relationships...

Seven fundamental steps to secure long term future of UK continental shelf - PwC rep

Sector wide collaboration and deployment of a proactive regulatory environment are critical to securing long term success Cost reductions of up to 40% a barrel...

16 June 2015

PwC's economics team comment on UK inflation and ONS house price figures

Commenting on today's inflation figures, Andrew Sentance, senior economic adviser to PwC, said: "As expected, UK deflation has been short-lived. Inflation is back in positive...

15 June 2015

PwC comments on The Social Mobility and Child Poverty Commission research published today;

Gaenor Bagley, head of people at PwC, comments on The Social Mobility and Child Poverty Commission research published today; “Today’s research is a wake up...

'Modern’ threats like terrorism and cyber attacks most concern UK public

A new report from PwC on the perception of the role of the armed forces finds that the public is increasingly concerned by ‘modern threats’....

11 June 2015

PwC comment on close of Bonn Climate talks

Commenting on the close of climate talks in Bonn, Jonathan Grant, director, PwC Sustainability & Climate Change said: "There was little progress on paper but...

10 June 2015

Fair and Effective Markets Review – PwC comments

In advance of today’s Fair and Effective Markets Review publication, Simon Hunt, UK banking and capital markets leader, said: “While legislation and regulation to eliminate...

Solar industry’s growing maturity a mixed blessing for UK developers and investors

CfDs will not be the focus for investors and developers surveyed by the Solar Trade Association/PwC Solar developers and investors who were responsible for adding...

09 June 2015

PwC comment on progress at Bonn Climate negotiations

Jonathan Grant, director, PwC sustainability and climate change, comments on progress at the Bonn climate negotiations, following the G7 Leaders Summit pledge to eliminate fossil...

Young females don't think they can reach the top in financial services - PwC report

A perceived lack of career progression is causing many females to leave their jobs in financial services or putting them off joining the sector in...

Insurance is least popular financial services sector for female millennial employees

The insurance industry is the least popular financial services employer with young women due to a perceived lack of career progression causing many females to...

08 June 2015

PwC appoints new UK and global banking and capital markets leaders

PwC has appointed Simon Hunt as its new UK banking and capital markets leader. Kevin Burrowes, who remains the UK firm’s financial services leader, has...

FTSE firms becoming more transparent about their tax affairs

More than half of FTSE 100 companies now disclose information about their approach to tax, a PwC report shows. The analysis of annual reports, corporate...

05 June 2015

UK Private Business Awards 2015 – shortlist announced

PwC – in association with HSBC Private Bank and The Supper Club – is proud to announce the shortlist for the fifth annual UK Private...

Gloves are off for the global mining industry

Overall market values plummeted $156 billion due to commodity price declines Free cash flow turned positive again to $24 billion; but net profit down 9%...

04 June 2015

Skills gap is forcing CEOs to change how they hire people - PwC report

CEOs are more concerned about the impact of a skills shortage on their business than at any point in the last six years, according to...

03 June 2015

UK entertainment and media market to be worth £66.6bn by 2019

· Mobile internet access to overtake fixed broadband in 2017 · Consumer e-books will overtake print/audio copies in 2018 · Bumper year for the cinema...

02 June 2015

Government urges business to take action as cyber security breaches double

The average cost of the most severe online security breaches for big business now starts at £1.46 million – up from £600,000 in 2014, according...
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